Prospects and Challenges for Small-Scale Mining Entrepreneurs in South Africa

Abstract

Small-scale mining entrepreneurs are confronted with a variety of challenges during both the start-up and growth phase of their businesses not only in South Africa, but all over the world. Therefore, losing prospects available to them. The aim of this paper was to explore prospects and challenges faced by small scale mining entrepreneurs in South Africa (SA). To attain this end, a qualitative research paradigm was instituted for both data collection and analysis. The findings of this study concur with the literature, that there are indeed plenty of prospects available to small scale mining entrepreneurs. However, the most outstanding prospects was free training and funding. Nonetheless, the receptiveness of these prospects is somehow conditional.